Down East Community Hospital 401(k) Plan: Login, Facts & Contact Information

Down East Community Hospital 401(k) Plan Facts

Plan name
DOWN EAST COMMUNITY HOSPITAL 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DOWN EAST COMMUNITY HOSPITAL
Participants
434 (296 active employees)
Former employees with a balance
131
Plan assets
$22,676,512 at Dec 31, 2024
Average account balance
$58,145 across 390 accounts
Employer contributions
$770,464 in plan year 2024 (38% of all contributions)
Recordkeeper
Capital Group Retirement Plan Servi
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 2006
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 12, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.02 million went into the plan in contributions, $770,464 of it from the employer (38%).
  • $4.77 million was paid out to participants.
  • Investment and other income added $2.66 million.
  • Administrative expenses were $62,853, about $161 per account.

How the Down East Community Hospital 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019358$17.1 million$696,059$494,445
2020354$20.3 million$719,618$1.11 million
2021365$22.7 million$767,341$2.22 million
2022385$19.7 million$765,827$1.53 million
2023402$22.8 million$738,159$2.07 million
2024434$22.7 million$770,464$4.77 million

Down East Community Hospital 401(k) Contact Information

Phone
207-255-2529
Mailing address
11 HOSPITAL DRIVE, MACHIAS ME 04654
Plan sponsor
DOWN EAST COMMUNITY HOSPITAL
Employer identification number (EIN)
01-0263198
Plan number
002

Questions about the Down East Community Hospital 401(k)

Does Down East Community Hospital contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $770,464, 38% of all contributions.

Does the Down East Community Hospital 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Down East Community Hospital 401(k) plan?

434 participants at the start of plan year 2024, 296 of them active employees, and 131 former employees who still had money in the plan.

What is the average 401(k) balance at Down East Community Hospital?

About $58,145 per account: $22.7 million in plan assets across 390 accounts with a balance at the end of plan year 2024.

Who manages the Down East Community Hospital 401(k) accounts?

Capital Group / American Funds (listed on the filing as CAPITAL GROUP RETIREMENT PLAN SERVI) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Down East Community Hospital. How do I access my 401(k)?

Your account stays with Capital Group / American Funds after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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